Seeking Alpha

julenzi

julenzi
Send Message
View as an RSS Feed
View julenzi's Comments BY TICKER:
Latest  |  Highest rated
  • Some Argentina-Based Stocks That Look Attractive [View article]
    % ANSES' ownership of each company
    Jun 3, 2011. 08:10 AM | Likes Like |Link to Comment
  • 10 Big Oil Dividends to Watch [View article]
    Don't worry YPF is a subsidiary of Repsol YPF. Repsol is divesting their position.
    May 26, 2011. 08:09 AM | Likes Like |Link to Comment
  • Some Argentina-Based Stocks That Look Attractive [View article]
    What shares did you buy?
    May 26, 2011. 08:07 AM | Likes Like |Link to Comment
  • 10 Big Oil Dividends to Watch [View article]
    With YPF you Williams be investing in an Argentinean company, Repsol YPF S.A. Is the Spanish one
    May 25, 2011. 11:46 AM | Likes Like |Link to Comment
  • Some Argentina-Based Stocks That Look Attractive [View article]
    I'm replying in English, easier to understand. I'm from La Plata, so we're close!

    I like our banks, they're making good money. They are taking advantage of our inflationary environment... They are well positioned in Government debt that is running well. Prices are going down so I think it's a good entry point. I am long FRAN.BA

    TX, TS and ERAR.BA belong to Techint, one of our best run groups...

    I own YPF (YPFD.BA) because of the dividend and CEPU2.BA. because of its management (it belongs to Carlos Miguens one of the former owners of Cervecería Quilmes, now Ambev). But utilities and energy are regulated markets... I prefer the government as business owner with directors in companies with a minority stake and not regulating...
    May 24, 2011. 11:59 AM | Likes Like |Link to Comment
  • Some Argentina-Based Stocks That Look Attractive [View article]
    Hi David! Very good article, as usual.

    I live in Argentina, maybe I'm wrong, but I don't see a big problem with the Government adding directors to Companies Bureaus as they won't have a majority. One of the reasons? Anses needs money (as every pension fund in the world...), I believe they try to get more in dividends...
    To be honest, I don't hear anybody talking about Brazil's Government stake in companies like Petrobras or Vale, the thing is that it is happening in Argentina...

    I'm long BFR (via FRAN.BA) and you're right about the dividend, but it's payed annually... Last one was payed at the beggining of the month.

    Long FRAN.BA, CEPU2.BA, YPFD.BA, ERAR.BA
    May 24, 2011. 10:05 AM | Likes Like |Link to Comment
  • The Economic Slowdown: International Issues [View article]
    Without growth it's very difficult to improve the distribution of wealth, it's like a short blanket...
    May 20, 2011. 04:18 PM | Likes Like |Link to Comment
  • Buying Brazil (Part VI): Assessing Country Risk [View article]
    Hi Nicholas,

    Great series of articles! I agree with you about Brazil's economy, I live in Argentina and follow it a lot.

    I am long EWZ and APBR.BA (=PBR) but I couldn't find an entry point in ABV... I wrote a comment about ABV in another of your articles, it's a great company, with presence not only in Brazil but also in Argentina, Uruguay, Paraguay, Bolivia and Chile.

    To part IV I would have added UL, PG or KO... You can find products of these companies in any supermarket in Brazil (and Argentina too!)

    I don't agree with diana_tr with her comment about competitive inefficiencies. It used to be that way in the past, that's was one of the reasons for 1998 devaluation of the Real. I can talk about it from first hand, Brazil's currency is in a very strong position to Argentina's peso, and the Current Balance is in favoir to Brazil..., and I think that it's going to get worser for us as Brazil is working a lot to improve their efficiency. I f Dilma does what she has to do, I'd invest in companies related to infrastructure and utilities.
    May 18, 2011. 05:53 PM | 1 Like Like |Link to Comment
  • A Look at Oil Stock Dividends [View article]
    Good dividend and good company, but remember that oil and gas are regulated in Argentina. I own YPFD.BA (=YPF) but didn't include it in my last comment for that reason.
    May 16, 2011. 10:21 AM | 1 Like Like |Link to Comment
  • A Look at Oil Stock Dividends [View article]
    I agree with gcmagone, both with good dividends and with p/e rounding 10 and 9.2.

    Long RDS and bought more shares recently.
    May 13, 2011. 11:19 AM | 1 Like Like |Link to Comment
  • 10 Low-Priced Dividend Yielders Not for the Faint of Heart [View article]
    Hi Investment Underground! Just to mention that BFR is an Argentinean bank (I live in Argentina and I am a customer of the bank!). Banking is running ok here. Inflation is high but banks are lending at 30%/40% and taking money at 10%. In general, banks are positioned in Argentina's government debt, which got a boost compared to last year or the year before.

    BFR is BBVA Argentina. STD and BBVA are good and strong banks, well positioned in South America, so I find them a good way to get exposure to Emerging Markets.
    I agree with your comment on STD

    Long STD and FRAN.BA (=BFR)
    May 11, 2011. 12:10 PM | 2 Likes Like |Link to Comment
  • Buying Brazilian Stocks (Part III): Consumer Staples [View article]
    Hi Kkranker! I've been waiting a long time for an entry point in ABV. I Live in South America so I know the story and I consume their brands! In brazil there were two huge breweries, Brahma and Anctartica, they merged into Ambev. In 2000 they got a stake in Cervecería Quilmes (Argentina), with the biggest market share in it's own country and leader through subsidiaries in Uruguay, Bolivia and Paraguay, second in Chile. Them Ambev merged with Stella Artois brewer, to form Inbev and then with Bud...
    Amber is the largest bottler of Pepsi outside the US.... What else can I say?
    I was expecting a pullback that didn't happen... While EWZ stayed at the same level for a year, ABV didn't...
    The only thing I'm afraid of when talking about Brazil, is that I find their currency, the Real, a little bit expensive in dollar terms, which hurts their exports...
    Apr 16, 2011. 01:25 PM | Likes Like |Link to Comment
  • Buying Brazilian Stocks (Part III): Consumer Staples [View article]
    ABV owns Cervecería y Maltería Quilmes (biggest brewer and Pepsi Bottler in Argentina ) and Fábricas Nacionales de Cerveza (biggest brewer in Uruguay). It owns breweries in Bolivia, PAraguay and Chile as well.
    Apr 14, 2011. 03:28 PM | Likes Like |Link to Comment
  • 10 Foreign, Dividend-Paying Bank Stocks Worth Considering [View article]
    I live in Argentina, I agree that it's an Argentinian bank and that the dividend is erratic, but I don't agree that you're playing with fire investing here. Argentina is a country full of opportunities and I think our banking sector is one of them in this election year as government will try to fuel consumption. I'd not consider BFR as a dividend stock as well, but sorry, I don't agree on your saying that you are playing with fire..., I invest and do businesses every day in Argentina.
    Apr 10, 2011. 08:07 PM | 2 Likes Like |Link to Comment
  • The Challenges of Selecting High Yield Latin American Dividend Stocks, Part 3 [View article]
    Owyhee, I wish I could answer that question... I love Argentina and I agree with you about everything you said about my country. I think the problem is that we don't have a goal or objective as a country, I mean if the opposition wins the election, they will say that everything's wrong and they will change as much as they can. Brazil is quite the opposite when Lula won the election (remember that he came from a left party) he kept the same economic policies as Fernando Henrique Cardoso, obviously with his "personal touch". Look where's Brazil now. Look at Chile, the same thing.
    Governments have good and bad policies, but you have to construct using the good ones as base, then change the others or make them better... We care always starting from scratch and always using things as subsidies as a tool to win votes, not measuring the real impact.
    I think with the right answer to your question I'd be president...
    Apr 10, 2011. 07:48 PM | 1 Like Like |Link to Comment
COMMENTS STATS
65 Comments
28 Likes